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Ineos welcomes UK government's decision to resume fracking; Grangemouth site could benefit

2:57 AM MST | December 14, 2012 | Natasha Alperowicz

The announcement on Thursday by the UK energy and climate change secretary Edward Davey that exploratory fracking for shale gas can resume in the United Kingdom, was welcomed by the Chemical Industry Association (CIA; London) and producers, including Ineos, which recently announced that it is planning to import ethane gas from the United States to feed its two European gas crackers, based at Rafnes, Norway; and Grangemouth, UK. "The last two years has seen a significant stimulation to the petrochemicals industry in the USA because of shale gas...

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